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Salesforce nCino 201 Commercial Banking Functional Sample Questions:

1. Covenant Compliance records are generated until:

A) All Associated Loans are in the Complete Stage
B) the Status is changed
C) All associated Loans are in the Booked Stage
D) A user deactivates the Covenant Management record

2. True or False: Collateral Type is optional.

A) False
B) True

3. True or False? If you assign a task to someone, they will receive email notification letting them know that they have been assigned a new task.

A) False
B) True

4. True or False? An Admin will Visit the ManageRates Visualforce Page to adjust the rate for a given index.

A) False
B) True

5. True or False: Once the entire Loan term is defined, the payment structure data from the first payment stream is pushed back to the loan object and saved. This overwrites existing data on the loan object.

A) False
B) True

Solutions: